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Average Price of Homes Sold up 9.8% Denver

August - 2012 Real Estate Market Update

Entire MLS (All Areas)

Residential Highlights


• 9.8% increase in average price (sold) ($311,893)
• 17.4% increase in number of closed sales year-over-year (3,730)
• 34.4% decrease in average days on market (63)
• 7.5% increase in New listings (4,577)


Condo/Townhome Highlights (All Areas)


• 9.1% increase in average price (sold) ($183,359)
• 20.0% increase in closed sales year over year (955)
• 37.8% decrease in average days on market (69)
• 11.9% increase in number of new listings (1,135)
• 59.4% decrease in absorption rate (1.8months)

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